Instavest

Headline Q4 GDP number missed, but taking out the inventory drag (hurricane related) things are quite impressive.

Consumer spending (+3.8%)
Business equipment investment (+11.4%)
Residential construction (+11.6%)

Comes out to a +4.3% Q4 GDP ex-inventories and trade.

The big move is when the government reopens.

CBS poll on tax bill:
- 35% approval

- 24% say it helps their own family, 69% say it helps wealthy

- 54% say it favors big donors vs 10% who say average Americans

- 61% say Medicare/Soc. Security cuts will ultimately pay for it

- 68% say Afford. Care Act changes shouldn't be in bill

Bitcoin's market cap just passed Citigroup's.

Yes, that Citigroup:
Founded in 1812
200 million customer accounts
4,600 branches
World's largest credit card issuer
219,000 employees
$71 billion in revenue
$1.8 trillion in total assets

Wondering why you're losing money today on FB, Amazon, Netflix and Google? It's because investors are moving out of technology and into heavily taxed sectors -- which should see a lift from the new tax plan.

Big winners in Senate tax plan: the wealthy and their heirs (exempts 1st $22M in inheritance from taxes, later all such income; ends alternative minimum tax that insures rich pay at least some tax). Corporations (tax rate cut from 35 to 20%). Cost: $1.4T

Popular tech stocks like Nvidia, Facebook are getting smoked as investors rotate into bank names FBB Capital Partners Mike Bailey believes investors may be shifting investments to the financial sector.

BlackRock’s new funds will use advanced data science techniques - such as machine learning - to choose which companies go where.

BlackRock plans new active sector ETFs curated by robots BlackRock Inc (BLK.N) is turning to the robots for its next big investment idea.

Instavest named Best in FinTech 2017 by CreditDonkey.

http://www.creditdonkey.com/finance-technology.html😀

Best in Finance Technology Be on top of the latest and best in finance technology solutions today. Winners of the CreditDonkey Best in Finance Technology Award have been announced.

10 things you need to know before the opening bell https://buff.ly/2AWKUSI

10 things you need to know before the opening bell This is what traders are talking about.

Death of the Mall ETFs launching today: ProShares Decline of the Retail Store ETF (EMTY) and ProShares Long Online/Short Stores ETF (CLIX)

$SNAP CEO Evan Spiegel admitting his product is too hard to use. Saying on the call that they need to evolve the product to appeal to older audience and this will be a major investment in the next year.